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2021 (9) TMI 799 - AT - Income TaxComputation of set off of MAT credit u/s.115JAA - whether it should be excluding surcharge and cess or including surcharge and cess - HELD THAT:- This issue is no longer res-integra in view of the decision in assessee’s own case by this Tribunal [2021 (7) TMI 207 - ITAT MUMBAI] held that while computing MAT credit u/s.115JAA of the Act, the tax should be inclusive of surcharge and cess. Similar views were taken by the Hon’ble Calcutta High Court in the case of SREI Infrastructure Finance Ltd.[2016 (8) TMI 967 - CALCUTTA HIGH COURT] and in the case of DCIT vs. Scope International[2019 (8) TMI 1761 - MADRAS HIGH COURT].- Decided in favour of assessee.
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